The Keg Royalties Income Fund announces August 2004 cash distribution

August 12th 2004

VANCOUVER, August 12 /CNW/ - The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) today announced that its August 2004 distribution of $0.09 cents per unit has been declared and is payable to unitholders of record as at August 21, 2004. The August 2004 distribution will be paid on August 31, 2004.

Vancouver-based Keg Restaurants Ltd. is the leading operator and franchiser of steakhouse restaurants in Canada and also has a substantial presence in the United States. The Fund controls and licences the Keg trade marks and other rights used in association with the Keg restaurants.